Renault to widen the responsibilities of CEO Carlos Ghosn

Article by Christian A., on October 11, 2011

Renault SA is anticipated to make an announcement this Friday about the reorganization of its board that will extend the CEO Carlos Ghosn's responsibilities, French newspaper La Tribune reported. No sources were cited. Ghosn, who also serves as CEO of Renault's alliance partner Nissan Motor Co., is expected to take on extra duties, like risk management and internal audit, in an endeavor to display that the French automaker is now his primary concern, the newspaper reported.

Earlier this year, Renault dismissed a number of executives on the basis of suspicions of industrial espionage that later turned out to be baseless.

During that time, Ghosn came under fire for how he handled the scandal, which according to some critics, had uncovered the vulnerable risk controls at the company.

Renault was not immediately available to make a remark on this matter, says Autonews. In May, Carlos Tavares became the chief operating officer at Renault, replacing Patrick Pelata, who stepped down in April for his role in the messed up industrial espionage probe.

With regards to the Tavares appointment, Ghosn agreed -- under French government pressure -- to dedicate more time to Renault, two insiders told Bloomberg News during the time.

France is Renault's largest investor with a 15 percent share. As Ghosn boosts its role at Renault, the No. 2 position will be somewhat decreased from the operational command Pelata held, Bloomberg reported.

Topics: renault, ceo

If you liked the article, share on:

Pin It

Comments

Recommended

To the proud owners and owner-to-be of the Porsche 991 Carrera GTS, there's good news for you all. German automobile manufacturer Porsche recently confirmed to the public that the Porsche...
by - March 23, 2017
McLaren diehards, this is the moment that you're all waiting for. The British automaker recently publicized the teaser outline of its new automobile that will hit the streets soon, dubbed...
by - March 23, 2017
PSA seems very confident about conquering the world. The purchase of Opel/Vauxhall for €2.2 billion ($2.3B) from General Motors makes PSA the second largest car company, just behind the Volkswagen...
by - March 23, 2017
Reporting for duty. It’s been a year since the Victoria Police was loaned a new Mercedes-AMG GLE 63 S Coupe. In those 12 months, the coupe served as the law...
by - March 23, 2017
After making its debut at the Paris Motor Show last year as a concept car, the Trezor by Renault managed to bring home the 2016 Concept Car Design Of The...
by - March 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries